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Term Of The Hour

product markup calculation: Original post by Craig Woodman of Demand Media Gross profit in a business is the amount of money that is left over from the sale of an item, after the cost of goods sold is subtracted. It is often expressed as a percentage of the sale. This is the amount of money that is available to pay for all other business expenses, such as rent and salaries, as well as a profit or return for the owners of the…

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